Despite the record, output from the Permian was still below Barclays' estimate of 1.5 million boepd, and Exxon's earnings from U.S. oil and gas production were also softer than forecast ...
The cork-popping years for America’s biggest oil companies may be nearing an end as lower prices test their resilience and promises to heap cash on investors.
ExxonMobil (NYSE: XOM) is the undisputed leader in the oil patch. That was abundantly clear when taking a look at its recent third-quarter earnings report. The oil giant delivered industry-leading ...